0001225208-20-001292.txt : 20200129
0001225208-20-001292.hdr.sgml : 20200129
20200129174140
ACCESSION NUMBER: 0001225208-20-001292
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200127
FILED AS OF DATE: 20200129
DATE AS OF CHANGE: 20200129
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KING KELLY S
CENTRAL INDEX KEY: 0001195189
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 20559244
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRUIST FINANCIAL CORP
CENTRAL INDEX KEY: 0000092230
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 560939887
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 214 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
BUSINESS PHONE: 3367332000
MAIL ADDRESS:
STREET 1: 214 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
FORMER COMPANY:
FORMER CONFORMED NAME: BB&T CORP
DATE OF NAME CHANGE: 19970527
FORMER COMPANY:
FORMER CONFORMED NAME: SOUTHERN NATIONAL CORP /NC/
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
X0306
4
2020-01-27
0000092230
TRUIST FINANCIAL CORP
TFC
0001195189
KING KELLY S
214 N. TRYON STREET
CHARLOTTE
NC
28202
1
1
Chairman and CEO
Common Stock
2020-01-27
4
A
0
38635.0000
0.0000
A
395462.7470
D
Common Stock
2020-01-27
4
A
0
11906.0000
0.0000
A
407368.7470
D
Common Stock
2020-01-27
4
A
0
10977.0000
0.0000
A
418345.7470
D
Common Stock
2020-01-27
4
A
0
9792.0000
0.0000
A
428137.7470
D
Common Stock
9880.5090
I
By 401(k)
Common Stock
106707.4490
I
By IRA
Common Stock
56131.2800
I
By Spouse
Stock Option (right to buy)
32.1000
2017-03-15
2026-02-23
Common Stock
155555.0000
155555.0000
D
Stock Option (right to buy)
37.5500
2015-02-25
2024-02-25
Common Stock
71611.0000
71611.0000
D
Stock Option (right to buy)
38.2200
2016-03-15
2025-02-24
Common Stock
120714.0000
120714.0000
D
On February 21, 2017, the reporting person was granted 32,928 performance-vested restricted stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2017 through December 31, 2019) performance period's ROCE and TSR performance measures. Transaction represents the satisfaction of performance measures at greater than the Target Level of Achievement, resulting in 38,635 shares being earned.
On February 26, 2019, the reporting person was granted 35,719 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2020, 2021, and 2022. The performance criteria for 2020 were met, resulting in 11,906 restricted stock units being earned.
On February 21, 2017, the reporting person was granted 32,928 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2018, 2019, and 2020. The performance criteria for 2020 were met, resulting in 10,977 restricted stock units being earned.
On February 20, 2018, the reporting person was granted 29,376 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2019, 2020, and 2021. The performance criteria for 2020 were met, resulting in 9,792 restricted stock units being earned.
Includes 78.897 shares acquired between October 1, 2019 and December 31, 2019, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated October 1, 2019 through December 31, 2019.
On February 23, 2016, the reporting person was granted an option to purchase 155,555 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2019 were met, resulting in 51,852 options being earned.
On February 25, 2014, the reporting person was granted an option to purchase 71,611 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2017 were met, resulting in 23,873 options being earned.
On February 24, 2015, the reporting person was granted an option to purchase 120,714 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 40,239 options being earned.
Carla Brenwald, Attorney-in-fact
2020-01-29